4 bedroom detached for sale

£550,000

4

Bedrooms

3

Bathrooms

Floorplan

Martin & Co are pleased to offer for sale this four bedroom detached house with a one bedroom self contained annexe (formerly tandem garage). The property is located within the sought after area of Furzton and is within easy reach of Furzton Lake, Westcroft Shopping Centre & Milton Keynes Centre.

In brief, the accommodation comprises of entrance hall, cloakroom, lounge, dining room and fitted kitchen. To the first floor are four bedrooms, ensuite to master bedroom and family bathroom. The self contained annexe comprises of living area / kitchenette, shower room and bedroom. Benefits include double glazing and gas radiator central heating. Externally, there is an enclosed rear garden and open plan front garden with driveway providing off road parking for one vehicle. Viewing highly recommended.

Hardwood door to entrance hall:

Entrance Hall - radiator, wood effect laminate flooring, coving to ceiling, stairs rising to first floor landing, understairs storage area, doors to:

Cloakroom - double glazed window to front aspect, radiator, consumer unit, two piece suite comprising low level WC and pedestal wash hand basin with splash back tiling.

Lounge (5.16m x 3.64m) - double glazed window to front aspect, radiator, wood effect laminate flooring, coving to ceiling, TV and telephone points, double doors to dining room

Dining Room (3.70m x 3.03m) - double glazed sliding patio doors to rear aspect overlooking rear garden, radiator, wood effect laminate flooring, coving to ceiling, dado rail, door to kitchen

Kitchen (4.14m x 2.70m) - double glazed window to rear aspect, half glazed wooden door to side aspect giving access to rear garden, fitted kitchen comprising of base and wall mounted units, roll top work surfaces, 1.5 bowl sink with mixer taps, complimentary splash back tiling, integrated fan assisted electric oven with induction hob and chimney hood extractor above, stainless steel splashback, space for washing machine, tumble dryer and fridge freezer, door to entrance hall.

First floor landing - double glazed window to side aspect, access to loft, airing cupboard with hot water cylinder, doors to all first floor rooms.

Bedroom One (3.96m x 3.04m)- double glazed boxed bay window to front aspect, radiator, fitted wardrobe with overhead storage and chest of drawers, dado rail, door to ensuite shower room

Ensuite shower room (1.33m x 2.18m) - three piece suite comprising of tiled shower cubicle with mains powered shower, low level WC and wall mounted wash hand basin set into tiled surround, splash back tiling, chrome towel rail

Bedroom Two (3.51m x 3.05m) - double glazed window to rear aspect, radiator, wood effect laminate flooring

Bedroom Three (2.75m x 2.75m) - double glazed window to front aspect, radiator, wood effect laminate flooring

Bedroom Four (2.07m x 2.76m) - double glazed window to rear aspect, radiator, wood effect laminate flooring

Bathroom (1.99m x 1.74m) - double glazed window to side aspect, fitted three piece suite comprising of panel bath with fitted shower over bath, floor to ceiling tiling, pedestal wash hand basin and low level WC, chrome towel rail radiator.

Annexe - Entrance via driveway through double glazed double doors. Enter into living area / kitchenette (3.35m x 2.46m) with double glazed window to front aspect, wall mounted electric heater. Kitchenette with stainless steel sink and drainer with mixer tap, two ring electric hob with integrated fridge and microwave, stainless steel chimney hood extractor fan, wall mounted cupboard, wood effect laminate flooring, TV point, doors to shower room and bedroom.

Shower room (1.98m x 1.3m) - three piece suite comprising tiled shower cubicle with mains powered shower, pedestal wash hand basin and low level WC. Floor to ceiling tiling, chrome towel rail radiator.

Bedroom (3.49m x 2.46m) - half glazed wooden door to rear garden, window to rear aspect, radiator, wood effect laminate flooring, door to cupboard with plumbing for automatic washing machine.

Rear Garden - paved patio area to immediate rear, mainly lawned bordered by trees, shrubs and bushes. Garden enclosed by timber fencing, paved path to side leading to gated access to front garden. Outside tap.

Front Garden - paved path leading to entrance door, open plan lawned frontage with flower and shrub beds, block paved driveway providing off road parking for one vehicle, gated access to rear garden.

Council tax band E




Mortgage Calculator

Your property may be repossessed if you do not keep up repayments on your mortgage.

Monthly Payment: £2,378.57

Total Interest: £306,284.39

Overall Total: £856,284.39

Amortization For Monthly Payment: £2,378.57 over 30 years ( Based on 3.20% Interest )

YearInterest Principal Balance 
2025£17,438.07 £11,104.74 £538,895.26 
2026£17,077.46 £11,465.35 £527,429.90 
2027£16,705.14 £11,837.67 £515,592.23 
2028£16,320.73 £12,222.08 £503,370.15 
2029£15,923.83 £12,618.98 £490,751.17 
2030£15,514.05 £13,028.76 £477,722.41 
2031£15,090.96 £13,451.85 £464,270.55 
2032£14,654.13 £13,888.68 £450,381.87 
2033£14,203.12 £14,339.70 £436,042.18 
2034£13,737.46 £14,805.36 £421,236.82 
2035£13,256.68 £15,286.14 £405,950.68 
2036£12,760.28 £15,782.53 £390,168.15 
2037£12,247.77 £16,295.05 £373,873.10 
2038£11,718.61 £16,824.21 £357,048.90 
2039£11,172.27 £17,370.55 £339,678.35 
2040£10,608.18 £17,934.63 £321,743.72 
2041£10,025.78 £18,517.03 £303,226.69 
2042£9,424.47 £19,118.34 £284,108.35 
2043£8,803.63 £19,739.18 £264,369.17 
2044£8,162.63 £20,380.18 £243,988.98 
2045£7,500.81 £21,042.00 £222,946.98 
2046£6,817.50 £21,725.31 £201,221.67 
2047£6,112.01 £22,430.81 £178,790.87 
2048£5,383.60 £23,159.21 £155,631.65 
2049£4,631.54 £23,911.28 £131,720.38 
2050£3,855.05 £24,687.76 £107,032.62 
2051£3,053.36 £25,489.46 £81,543.16 
2052£2,225.62 £26,317.19 £55,225.97 
2053£1,371.01 £27,171.80 £28,054.17 
2054£488.65 £28,054.17 £0.00 

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 443,950

Mortgage Loan to Value

81%

Gross Yield

12%

Annual ROI

35%

Annual Rental Profit

£ 29,970

Cumulative Rental Profit

£ 299,703

Cost of Purchase

£ 31,450
  • Stamp Duty
    £ 15,000

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 13,750
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.

£

This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.

£

Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.

£

This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.

Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.

Annual Costs

£ 36,030
  • Mortgage Interest
    £ 19,978

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £ 8,712
  • Letting Fee
    £ 240
  • Maintenance
    £ 6,600
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

Adjust these figures

  %
  %
£
  %

This is the percentage of the rent that you will spend maintaining the property.

£

Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

£

Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

£

This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.

Total Profit

£ 614,145
  • Final Equity Profit
    £ 314,442

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £ 299,703

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£ 895,892

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

The Property has been saved to your favorites

Love the most
Second best
Meets our criteria
May be
Last resort

0 / 5

Enquiry

Book an Appointment

Enter Details

Select Date and Time

June - 2025

MonTueWedThuFriSatSun

Tue Jun 03 2025

GNB Property

10 Minute Meeting

Tue Jun 03 2025

  

Check all Details

Submit

Booking Confirmed

All confirmed! We look forward to speaking with you.

10 Minute Meeting

Tue Jun 03 2025

A calendar invitation has been sent to your email address.
Message